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World is coming to an end.

The markets are in a full tailspin mode. I am thinking maybe I should short tomorrow at the open.

It's done! Stick a fork in it!

Hang Seng -1,248 currently. The world is coming to an end. It was nice knowing you all.

So he tells us in 2007 that he exited his entire silver position in 2006. From the article: "Beginning in 1997, the Oracle of Omaha saw the value of silver glinting in the dust of depressed prices. From 1997 until 2006, his investment fund-Berkshire Hathaway-accumulated over 37% of the...

I remember something like this. What ever happened to those puts? When did he close this position and how much did he gain/lose?

Aug. 8 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc., whose top three shareholdings declined by about $1.6 billion last week, disclosed its biggest quarterly purchase of equities in almost three years. Berkshire bought $3.62 billion of stock in the three months ended June 30, the...

Yeah, he might get a bailout but at what price? I don't think he wants a bailout ever.

Call me an idiot/crazy but I don't pay attention to futures anymore. It screws up my trading more than it helps. S&P downgraded Berk. stock b4? Lol. Buffett is underrated. It's ironic.

IMO, the only people who are in position to determine the credit rating of USA are the people with a lot of money on the line. How much money do the guys and gals at the S&P have on the line? Probably not as much as Buffett.

Probably the fear of a massive short squeeze. It's pretty violent and fast to the upside. You lose so much money so fast as a shorter in a short squeeze that you don't have a chance to realize what is happening. You just blow up and you are left stunned in disbelief. You end up thinking that...

I rather listen to Warren Buffett than a rating agency like S&P. They probably have guys AND gals watching porn while at work. These guys don't have their money on the line. They can say whatever they want. If you believe their ratings, you are a fool.

Are you a trader or an investment advisor?

Are you implying that John Carter's trading system doesn't make money. It looked like it did and he sounds like a real trader and not a salesman.

How didya do it? :D :D

What's the significance of 1230?

Dow at another support level and bouncing around. Will it get up?

Obama is probably on the phone talking to Bernanke at the moment. :D 10 year Treasury at 2.47% 2 year at .28%! Tells you something about inflation expectations.

I wish I was 16. :D Do you listen to Mark Levin? Have you read these books? Liberty and Tyranny: A Conservative Manifesto Rescuing Sprite Men In Black The Great American Awakening Right Angle

An afternoon reversal would really be something. Currently S&P is down ~11% from this years high and down ~3% YTD.